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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income $ 743.2 $ 673.9
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities    
Investment Security (Losses) Gains, net 0.0 (0.1)
Amortization and Accretion of Securities and Unearned Income, net 50.1 39.8
Provision for Credit Losses (57.0) 127.0
Depreciation and Amortization 253.8 248.6
Pension Plan Contributions (6.7) (10.6)
Change in Receivables (78.9) (39.4)
Change in Interest Payable (0.4) (16.1)
Change in Collateral With Derivative Counterparties, net (1,907.5) (867.4)
Other Operating Activities, net (164.3) 342.7
Net Cash (Used in) Provided by Operating Activities (1,167.7) 498.4
CASH FLOWS FROM INVESTING ACTIVITIES    
Change in Federal Funds Sold (0.1) 5.0
Change in Securities Purchased under Agreements to Resell 639.7 (768.0)
Change in Interest-Bearing Deposits with Banks 534.5 2,057.8
Net Change in Federal Reserve and Other Central Bank Deposits 1,000.6 (8,444.3)
Purchases of Held to Maturity Debt Securities (28,474.5) (15,952.0)
Proceeds from Maturity and Redemption of Held to Maturity Debt Securities 30,847.7 12,887.2
Purchases of Available for Sale Debt Securities (6,623.7) (5,186.5)
Proceeds from Sale, Maturity and Redemption of Available for Sale Debt Securities 4,441.0 4,556.7
Change in Loans and Leases (3,651.1) (2,350.3)
Purchases of Buildings and Equipment (39.1) (76.6)
Purchases and Development of Computer Software (169.3) (187.8)
Change in Client Security Settlement Receivables (857.7) (1,159.2)
Other Investing Activities, net 120.4 326.7
Net Cash Used in Investing Activities (2,231.6) (14,291.3)
CASH FLOWS FROM FINANCING ACTIVITIES    
Change in Deposits 2,961.5 13,425.2
Change in Federal Funds Purchased (260.0) 161.8
Change in Securities Sold under Agreements to Repurchase 489.3 (453.2)
Change in Short-Term Other Borrowings 1,141.7 747.7
Proceeds from Senior Notes 0.0 993.2
Redemption of Preferred Stock - Series C 0.0 (400.0)
Treasury Stock Purchased (165.8) (297.0)
Net Proceeds from Stock Options 41.0 10.6
Cash Dividends Paid on Common Stock (291.7) (293.0)
Cash Dividends Paid on Preferred Stock (20.9) (25.0)
Other Financing Activities, net 0.0 0.3
Net Cash Provided by Financing Activities 3,895.1 13,870.6
Effect of Foreign Currency Exchange Rates on Cash (86.0) (74.7)
Change in Cash and Due from Banks 409.8 3.0
Cash and Due from Banks at Beginning of Period 4,389.5 4,459.2
Cash and Due from Banks at End of Period 4,799.3 4,462.2
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Interest Paid 17.2 174.7
Income Taxes Paid 189.7 189.7
Transfers from Loans to OREO 3.4 0.2
Transfers from Available for Sale Debt Securities to Held to Maturity Debt Securities $ 6,864.1 $ 301.5